Shandong Daye Co., Ltd. (603278) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Shandong Daye Co., Ltd.

Why is Shandong Daye Co., Ltd. ?

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 1.54%

Poor long term growth as Net Sales has grown by an annual rate of 12.33% and Operating profit at -164.50% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at times

The company has declared Negative results for the last 4 consecutive quarters

INTEREST(HY) At CNY 45.36 MM has Grown at 7.37%
INTEREST COVERAGE RATIO(Q) Lowest at 14.92
DEBT-EQUITY RATIO (HY) Highest at 190.37 %

Risky -

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -0.43%, its profits have fallen by -505%
At the current price, the company has a high dividend yield of 0

Underperformed the market in the last 1 year

Even though the market (China Shanghai Composite) has generated returns of 22.49% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -0.43% returns

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Industrial Manufacturing)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Shandong Daye Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Shandong Daye Co., Ltd.

35.44%

0.99

57.93%

China Shanghai Composite

23.91%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

6.04%

EBIT Growth (5y)

-20.79%

EBIT to Interest (avg)

0.68

Debt to EBITDA (avg)

16.82

Net Debt to Equity (avg)

1.59

Sales to Capital Employed (avg)

0.85

Tax Ratio

12.29%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

1.54%

ROE (avg)

2.43%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.88

EV to EBIT

107.46

EV to EBITDA

17.42

EV to Capital Employed

0.95

EV to Sales

0.99

PEG Ratio

Dividend Yield

ROCE (Latest)

0.89%

ROE (Latest)

-2.11%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -35.94% (YoY

NET PROFIT(9M)

Higher at CNY -78.76 MM

-22What is not working for the Company

INTEREST(HY)

At CNY 74.67 MM has Grown at 44.33%

PRE-TAX PROFIT(Q)

At CNY -28.65 MM has Fallen at -717.23%

NET PROFIT(Q)

At CNY -24.32 MM has Fallen at -696.99%

OPERATING CASH FLOW(Y)

Lowest at CNY -165.99 MM

INTEREST COVERAGE RATIO(Q)

Lowest at 49.11

INVENTORY TURNOVER RATIO(HY)

Lowest at 6.08 times

NET SALES(Q)

Lowest at CNY 1,136.42 MM

OPERATING PROFIT(Q)

Lowest at CNY 11.16 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 0.98 %

Here's what is working for Shandong Daye Co., Ltd.

Raw Material Cost

Fallen by -35.94% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Shandong Daye Co., Ltd.

Interest

At CNY 74.67 MM has Grown at 44.33%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Pre-Tax Profit

At CNY -28.65 MM has Fallen at -717.23%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -24.32 MM has Fallen at -696.99%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Interest Coverage Ratio

Lowest at 49.11

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Cash Flow

Lowest at CNY -165.99 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Net Sales

Lowest at CNY 1,136.42 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit

Lowest at CNY 11.16 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 0.98 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Inventory Turnover Ratio

Lowest at 6.08 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio